Market access in global and regional trade
José de Sousa, Thierry Mayer, Soledad Zignago , 20 November 2012
Do trade costs still matter in a modern era characterised by a fall in transaction costs? This column argues that there is a dearth of good analysis in the debate around market access difficulties. Complaining about restrictions in accessing foreign markets is political leaders’ current favourite hobby yet. In light of stalled WTO negotiations, shouldn’t rigour, not rhetoric, lead this debate?
Full Article: Market access in global and regional trade